More than 200 ships are stuck on both sides of the Panama Canal after authorities capped the number of crossings because of the drought. The entrances on both sides of the Panama Canal are jammed with some ships backed up for more than 20 days.
Add to that the fire at the Dardanelles, the collision in the Suez, a partial blockade in the Black Sea, and U.S. retailers returning to just in time deliveries expect empty shelves.